in what ways does reserve Bank of India supervise the functioning of banks
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Answer:
The Reserve Bank of India supervises the functioning of formal sources of loans
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Explanation:
The Reserve Bank of India supervises the functioning of formal sources of loans. ii The RBI monitors the banks in actually maintaining cash balance. iii The RBI sees that the banks give loans not just to profit making businesses and traders but also to small cultivators small-scale industries to small borrowers etc.
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